Shriram Finance completes sale of housing finance arm to Warburg Pincus

Quick Summary:

We are confident that the team will continue to drive success through financial inclusion and affordable housing for individuals.

This transition underscores Shriram Finance's commitment to creating value for its stakeholders while fostering long-term sustainability, the company said.

With this transaction, SHFL is well-positioned to further expand its operations and accelerate its growth under Warburg Pincus’ ownership and guidance, the statement added.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Warburg Pincus Shriram Finance Housing finance Shriram Housing Finance Limited Umesh Revankar

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 20:20:25 (20 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 379 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24355733

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 299 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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